Palmyra, VA
Act before 3/31/10 And Receive $8,000 Towards Closing Costs! ‡
Discover the finest in low-maintenance living and luxury lifestyle in our new spacious townhomes at Sycamore Square, next to Lake Monticello, offering family friendly walking trails, playground, picnic area, and a fitness center. All of this is just steps away from shops and dining, within easy reach of Charlottesville.
• Located in Fluvanna (15 minutes to Downtown Charlottesville)
• Convenient to Charlottesville and Richmond
• Ryan's exclusive 1,2,10 year warranty program
• Over 2 miles of wooded walking trails, tot lot, and park area
• 2-3 bedrooms
• 1.5 bathrooms
• Spacious Great Room and Convenient Kitchen
•1,220 – 1,432 square feet of innovative living on two levels
• Within walking distance to shops, dining, and everyday conveniences
Plus a Future fitness center!
Directions:
From Charlottesville and West:
-Take I-64 E to Exit 129 (VA 616 Keswick/Boyd Tavern)
-Turn right on Rt. 616 and proceed 6 miles
-Make a right at S Boston Road and proceed 3.4 miles
-Turn left at Abby Road into Sycamore Square and proceed 0.2 miles
-New Venice Model Home ahead on left
From Richmond:
-Take I-64 to Exit 136(US-15 Gordonsville/Palmyra)
-Left on US-15 S
-Go 4.3 mi to right on Rt. 616 (Union Mills Rd)
-Continue 2.3 mi. to left on S. Boston Rd
-Go 3.4 mi. to left at Abby Rd. into community proceed 0.2 miles
-New Venice Model Home ahead on left
‡ This is a limited time offer and available only on new contracts when financing through NVR Mortgage. Please consult our sales representative for details.
Models Available
Starting from the Upper $140's
**Limited time only. Financing based on a 30 Year FHA loan, with an interest rate of 4.75%, an APR not to exceed 5.462%, and 3.5% down payment. Monthly payment assumes the base sales price of the community which includes principal, interest, estimated taxes, insurance, up front mortgage insurance premium and estimated tax savings based on a 28% income tax rate. We recommend that you consult a Certified Public Accountant regarding your specific tax situation and details. Monthly payment does not include homeowner's association dues. The borrower is paying 0.25 discount point(s). A 1% origination fee is paid by the buyer. Mortgage insurance is included in these examples because the LTV is 96.5%. Qualifying and rates on loan programs may vary based on credit criteria, final amount of down payment, and are subject to current market pricing. APR may vary depending on rate and final loan program. Certain restrictions may apply. Rates effective 3/16/2010 and subject to change without notice. Prices, offers and financing are subject to change without notice. See sales representative for details. NVR Mortgage Finance, Inc. is licensed by the Virginia State Corporation Commission as mortgage lender and broker, MC-528
Product: 30 Year FHA
Sales Price: $149,990
Interest Rate: 4.75%
Downpayment: 3.5%
Property Tax Rate: 0.48%
Origination Fee: 1%
Discount Points: 0.25%
Hazard Insurance: 0.11%
PMI: 0.55%
Up Front MI: 1.75%
Downpayment Estimate: $5,250
Loan amount: $147,273
Up front mortgage insurance amount: $2,533
$185 (Principal)
+ $583 (Interest)
+ $60 (Property Tax Estimate)
+ $14 (Hazard Insurance Estimate)
+ $68 (PMI Estimate)
+ $00 (Condo Fees)
- $162 (1st Year Tax Savings Estimate)
-------------------
$747 : Estimated Monthly Payment
Federal tax credit up to $8,000 for first-time buyers and $6,500 for move-up buyers available on homes under contract as primary residences by 4/30/2010 and settled by 6/30/2010. $8,000 tax credit is for first-time buyers or those who have not owned a primary residence in 3 years. The $6,500 credit is Available to Move-Up Buyers who have maintained the same principal residence for any 5-consecutive year period during the 8-year period ending on the date of the settlement. Income limitations and other restrictions apply. We suggest you consult a Certified Public Accountant and IRS.gov for tax advice and official requirements. Prices, financing and other offers subject to change without notice. See sales representative for details.